Private Equity
Swedish buyout firm Litorina Kapital, led by Harold Kaiser, has held the final close of its latest fund two times oversubscribed despite losing cornerstone investor Swedbank.
2 min read · 04 January 2013
European private equity enjoyed yet another record quarter in the three months from April - but fears are growing that this momentum may not be sustainable.
2 min read · 04 January 2013
New York- and San Francisco-based Behrman Capital has sold WIL Research Laboratories for $500 million, earning a 3.6x return.
2 min read · 04 January 2013
The Connecticut fund of funds manager has closed on significant total commitments for three new pools of private equity capital.
1 min read · 04 January 2013
Actis, the emerging market buyout investor, has hired Lim Meng Ann, a former China-based GIC Special Investment executive to head its China operations. Lim replaces Chin Bay Chong, who left Actis at the start of the year.
1 min read · 04 January 2013
Thomas H Lee Partners plans to seek $245 million in damages from the law firm that represented its former portfolio company, Refco, which was discovered to have committed massive balance sheet fraud in 2005.
2 min read · 04 January 2013
Buyout firm NBGI Private Equity has held a first close on its second fund, as it looks to repeat the success it has enjoyed with the fund’s predecessor.
1 min read · 04 January 2013
Sir Richard Branson’s Virgin Group is making its first ever foray into institutional private equity, raising a $400 million Virgin Green fund to invest in renewable energy opportunities.
2 min read · 04 January 2013
UK buyout firm Candover’s bid for Dutch industrial group Stork has been boosted by poor second quarter results at the industrial group, as the group’s earnings dropped €35 million.
2 min read · 04 January 2013
The Dutch bank captive arm has put the seal on its independence with a new name for a tried and tested strategy. Under its new moniker, the firm has €1.8bn of fresh capital to invest.
1 min read · 04 January 2013
